Delhi government to penalise Ola and Uber cabs for surge pricing during odd-even car
 

Delhi government to penalise Ola and Uber cabs for surge pricing during odd-even car restrictions
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The Delhi government has said that it will take "strict action" against Uber and Ola after customers faced heavy surge pricing on the first working day of Delhi's odd-even car restrictions. The two ride-hailing apps had reportedly hiked their rates by three to five times of the regular fare.

See also: Why ride-hailing apps are betting big on autorickshaws in India


Both companies argue that surge pricing is determined by an algorithm that factors in the demand for cabs at a time, rather than decided by them. "Our goal: Get you a ride within minutes, at the push of a button — even on the busiest days. Surge pricing makes this possible, almost always," Uber India tweeted in response. Read more...

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